American basketball player Kevin Durant increased his net worth more than 100-fold by buying Bitcoin on the advice of his agent, Rich Kleiman.
Durant purchased BTC on Coinbase in 2016 and literally forgot about his digital assets for nine years. In September of this year, he remembered the cryptocurrency and tried to log into his account, but realized he didn’t know the password. However, technical support staff helped He was given the opportunity to regain access to his account and was informed that every client of the company could set a new password using a special tool, and that the company’s employees were always ready to help with this.
It’s unknown when exactly Kevin invested in Bitcoin, but in 2016, the coin peaked at $980, and is currently trading at $115,197. Therefore, Durant’s unrealized profit on his digital asset investments has reached at least 11,854%. Therefore, the athlete, whose net worth is estimated at $300 million, has become significantly richer thanks to BTC.
Kevin’s latest cryptocurrency purchase
«We never sold any of the Bitcoin [purchased by Durant], and its value skyrocketed. We haven’t figured out how it works yet, but who cares if it keeps going up? I mean, it’s to our advantage. Our partnership with Coinbase has lasted almost a decade, and the exchange has always been a valuable resource for business development,» Kleiman said.